Giving Away Your Home During Your Lifetime

Property and Financial Affairs

While your Will deals with your estate when you die, if you have not already done so, you should consider granting a Lasting Power of Attorney to a family member or trusted friend to deal with your financial affairs while you are still alive.

This document allows you to appoint someone to make decisions on your behalf (but only if they are in your best interests) and to deal with your financial affairs. This is particularly useful if you become unable to manage your affairs in the future for example due to dementia or a sudden incident like an accident or stroke. If a Lasting Power of Attorney has not been made before you become incapable of managing your affairs, a Court of Protection Order may be required which will be more expensive and take far longer than for us to prepare a Lasting Power of Attorney on your behalf.

A Lasting Power of Attorney for Property and Financial Affairs may also be used before you become incapable of managing your affairs, for example if you no longer wish to have the stress and inconvenience of dealing with them.

Health and Welfare

It is also possible to grant a Lasting Power of Attorney to someone with regard to your health and welfare. This document can however only be used by your attorney once you have lost mental capacity and can no longer make your own decisions.

It basically appoints someone of your choosing to be your voice when matters relating to your health and welfare are being decided. Examples include decisions about where you should live and what care you should receive. There is also an option in this document to choose whether your Attorney should be able to voice their opinion about whether you should receive life sustaining treatment. It is obviously important that your Attorney knows your wishes before appointing them under a Health and Welfare document.

Please contact us if you would like further information.

Address: 8 Church Lane, Oldham OL1 3AP
Telephone Number: 0161 624 0387
Ask for: Lisa Oldham

How much will it cost to make a lasting power of attorney?

If you instruct Mellor Solicitors to carry out the work for you, then the costs will be as follows:

Our costs for one person:

£500 plus VAT – Lasting Power of Attorney Property & Financial Affairs OR Health & Welfare

£750 plus VAT – Lasting Power of Attorney Property & Financial Affairs AND Health & Welfare

Our combined costs for spouses/partners:

£750 plus VAT – Lasting Powers of Attorney Property & Financial Affairs OR Health & Welfare

£1,000 plus VAT – Lasting Powers of Attorney Property & Financial Affairs AND Health & Welfare

Certificate Provider fee:

If you choose Mellor Solicitors as your Certificate Provider, we will provide this service at no extra cost.

Registration fee:

£82 per Lasting Power of Attorney (or £41 if you are on a low income). You won’t have to pay the registration fee if you are on certain benefits. This fee is paid to the Office of the Public Guardian with the application for registration.